Economy

Guess Co-Founder Paul Marciano Steps Aside Amid Investigation

Guess Co-Founder Paul Marciano Steps Aside Amid Investigation”

Guess co-founder Paul Marciano has stepped down from the company amid accusations that he once groped supermodel Kate Upton.

"The board of directors and Mr Marciano have agreed that Mr Marciano will relinquish his day-to-day responsibilities at the company, on an unpaid basis, pending the completion of the investigation", Guess said in a statement.

Kate Upton accused Paul Marciano of sexually assaulting and harassing her when she first started out as a model.

As we reported, Kate Upton recently accused Marciano of forcibly grabbing her breasts during a Guess photo shoot almost eight years ago.

After she pushed him away, she said he continued to touch her "in a very dominating and aggressive way" and at one point "forcibly grabbed the back of my head so that I could not move and started kissing my face and my neck".

As ET previously reported, Upton came forward via Twitter earlier this month, accusing Marciano of "sexually and emotionally" harassing women in a series of tweets.

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Upton told Time magazine on February 7 that "Paul used his power to make me feel insecure and powerless, but I'm not going to let him intimidate me anymore". The company has since formed a special committee to investigate her claims.

Neither Marciano nor Upton was immediately available for comment. She has not worked with the brand since 2011.

The model also claimed he asked her up to his hotel room - and that she was promptly fired after she rejected his advances. Photographer Yu Tsai said that he witnessed the harassment Upton described, according to Time.

Guess added that Marciano, who has denied the allegations, will not be paid while he steps aside.

"I have pledged my full cooperation to the company, and I have the utmost confidence in our CEO, Victor Herrero, to continue leading the Company during this time", Marciano said in the press release.

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